The agency said that a section of CEX.IO’s website inaccurately states that “U.S. dollars held in your CEX.IO fiat currency wallet are FDIC-insured up to $250,000 per account.” But the FDIC noted in its letter that “no qualifications, clarifications, or limitations are made in connection with this representation, and no insured depository institution or institutions (IDIs) are identified in connection with this statement.”
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Sam Bankman-Fried’s Mother and Brother Not Cooperating With Financial Probe, FTX...
The crypto exchange wants to question its founder’s family as it seeks to locate allegedly misappropriated funds
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